SCHEDULE: Goldman Sachs Updates Avis Budget Group Stake
Beneficial Ownership Report
Goldman Sachs Group and its subsidiary Goldman Sachs & Co. LLC reported a 4.3% beneficial ownership stake in Avis Budget Group, Inc. common stock.
Summary
- The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC jointly filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in Avis Budget Group, Inc.
- They beneficially own an aggregate of 1,520,856.12 shares of Avis Budget Group, Inc. Common Stock, par value $0.01 per share.
- This ownership represents 4.3% of the class of securities.
- The reporting persons hold shared voting power over 1,520,838.12 shares and shared dispositive power over 1,520,856.12 shares.
- The event date requiring this statement is listed as September 30, 2025.
Sentiment
Score: 5
Explanation: The filing reports a passive beneficial ownership stake by a major financial institution. Without information on prior holdings or the context of this amendment, it is difficult to assess whether this represents an increase or decrease in investment, thus maintaining a neutral sentiment.
Positives
- Goldman Sachs Group, Inc. and its subsidiary maintain a significant passive investment in Avis Budget Group, Inc., holding 4.3% of the common stock.
Future Outlook
NA
Industry Context
This filing is a standard regulatory disclosure of institutional ownership and does not provide specific industry context or analysis.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant institutional ownership in Avis Budget Group, Inc.
Key Dates
| Date | Description |
|---|---|
| 2025-07-16 | Effective date of Power of Attorney for Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC, superseding previous POAs. |
| 2025-09-30 | Date of event which requires filing of this statement for Avis Budget Group, Inc. common stock. |
| 2025-10-08 | Filing date of the Schedule 13G Amendment No. 1 by The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC. |
| 2026-07-16 | Expiration date of the Power of Attorney, unless earlier revoked. |
Keywords
Avis Budget Group, Goldman Sachs, institutional ownership, Schedule 13G, common stock, beneficial ownership
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